CEO vs COO vs CFO - Roles, Responsibilities and Salary
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- เผยแพร่เมื่อ 15 ก.ค. 2021
- In the C-suite, the most prominent positions are the CEO, COO, and CFO - the chief executive officer, the chief operations officer, and the chief financial officer. These 3 positions, along with others, form the top-most tier of leadership at any organization. They share certain aspects of their roles but the functional roles are very different.
The difference between CEO, COO and CFO in terms of their roles and responsibilities, is based on their respective functions relative to their departments.
6 key differences between the CEO, the COO, and the CFO -
1) Primary responsibilities
2) Hierarchy
3) Liaising
4) Functional role
5) Culture
6) Challenges
CEO vs COO vs CFO salary -
The salaries of executives in the C-suite are highly dependent on factors such as the size of the company, their own experience, the industry, the kind of company, etc.
To learn more about -
The differences between CEO, COO and CFO, visit - bit.ly/3idSG21
CEO vs CFO - Roles and Responsibilities - bit.ly/3zpThGq
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In some cases... CFO can also = to Finance Director.
I saw a link from Ericka Williams TH-cam channel so I watched your video.
Nice and quite informative video. Thanks!
She explains everything so clearly its just great now i have a better understanding of the different roles of business positions
*Thank you very much!!*
😍 ☺️ 😎 😎
Useful video
Thank You, From Shaun Gorham.
These salaries are definitely off. It must be measuring that against small business owners w/less that 1MM in annual revenue which is very very small. Large Middle Market and Corporate organizations with C Suite execs are likely making more like 200-250K on average annually. I’m not even in a VP role at the bank in commercial banking. I’m several several levels down from the top and I make 95K in salary and about 105 total after bonus. Like I said somethings.
Thank you 🤗💕🤗
Thanks,
How is the ceo the highest position if they report to the board of directors and get paid less than the other c class executives
Not really sure about this video, but usually the equity offered to the CEO is far above that of other c-suite folks.
The board members aren’t usually employees
My interpretation is basically every business regardless of size will have a CEO, but only the larger companies will have a full C Suite, for example my family have been business owners but they never had a CFO or CCO and just filled the CEO/MD role themselves.
@@lewisyoutube4080this! Just statistics. And therefore whenever you have another c-suite position he earns more on average but the CEO of that company would earn more than the rest of the c-suite in that company.
Not all company have CFO or COO that affects the average numbers
Chief executive
Thanks for sharing this video. I have one doubt regarding salaries, when CEO is higher then CFO then how CFO's salary is higher then CEO?
not that common, I would think. But, usually the gap is made up in equity (significantly).
Probably because many companies have CEOs, even the small ones, which lowers the average while COO and CFO are likely to be found only in relatively large organisations which doesn't hurt their average
Avg salaries are misleading
the video says avg. CEO salary is $116k per year and the Avg. COO salary is $123k ... i.e. higher than the CEO?
Generally only larger companies that pay higher have COO hence the higher average salary. There’s plenty of start ups that have CEOs but no COOs
Think the base salary numbers are off. Think most C levels executives are making $500k. Does anyone else think so?
Oh yeah it's wwwwaaayyyy off. Lol there's noway in heck these guys making only 100k and happily walk into a Porsche dealership and pick one up.
The the video credit, it probably the actual average given how they can write off ALL THEIR EXPENSES as business expenses...thus keeping their tax bracket low
@@akira357some ceo make less but get paid more in stock
This content is pioneering; much like a book that introduced novel ideas in its genre. "The Hidden Empire: Inside the Private Worlds of Elite CEOs" by Adam Skylight
Mistake on salaries.
No one supervises a staff who earns more than them.
My Request :
CHIEF EXECUTIVE OFFICER
CHIEF OPERATING OFFICER
CHIEF FINANCIAL OFFICER
CHIEF MARKETING OFFICER
CHIEF INFORMATION OFFICER
CHIEF TECHNICAL OFFICER
CHIEF EXPERIENCE OFFICER
Ghaniyyun Haliim
Sariiul Hisaab
Arent these Cs the "Board of directors?"
No
They would have a seat on the board (maybe not all 3, but at least the CEO), but the board is also made up of other key stakeholders. For example, people who own or represent companies that own a large % of the shares (e.g. early investors) or advisors that have been elected onto the board.
was this read by a person?
it's a script written by human, but read by a software
CEO earns less than the others under him